Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) Short Interest Update

Cornerstone Total Return Fund, Inc. (NYSEAMERICAN:CRF) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 9,090,000 shares, a growth of 29.3% from the October 31st total of 7,030,000 shares. Based on an average trading volume of 774,000 shares, the short-interest ratio is currently 11.7 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CRF. Creative Financial Designs Inc. ADV lifted its position in shares of Cornerstone Total Return Fund by 2.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 85,737 shares of the investment management company’s stock worth $694,000 after purchasing an additional 2,273 shares during the period. Main Street Financial Solutions LLC raised its holdings in Cornerstone Total Return Fund by 6.7% in the third quarter. Main Street Financial Solutions LLC now owns 46,143 shares of the investment management company’s stock worth $373,000 after purchasing an additional 2,896 shares in the last quarter. Atria Wealth Solutions Inc. lifted its position in Cornerstone Total Return Fund by 2.6% during the second quarter. Atria Wealth Solutions Inc. now owns 173,084 shares of the investment management company’s stock valued at $1,359,000 after acquiring an additional 4,331 shares during the last quarter. Chicago Partners Investment Group LLC boosted its position in shares of Cornerstone Total Return Fund by 7.0% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 74,007 shares of the investment management company’s stock worth $616,000 after purchasing an additional 4,835 shares in the last quarter. Finally, Quarry LP purchased a new position in Cornerstone Total Return Fund during the 3rd quarter worth $42,000. Institutional investors own 10.41% of the company’s stock.

Cornerstone Total Return Fund Stock Performance

CRF stock traded up $0.19 during trading on Monday, hitting $9.49. 810,680 shares of the stock traded hands, compared to its average volume of 703,757. The stock has a 50 day simple moving average of $7.72. Cornerstone Total Return Fund has a 1 year low of $6.52 and a 1 year high of $9.50.

Cornerstone Total Return Fund Dividend Announcement

The business also recently declared a — dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.1168 dividend. This represents a yield of 16.7%. The ex-dividend date is Friday, March 14th.

About Cornerstone Total Return Fund

Cornerstone Total Return Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value and growth stocks of companies across all market capitalizations.